The aim of this study is to determine the contribution of Total Factor Productivity (TFP) in the air transport of Vietnam over the case of Vietnam Airlines. Based on analyzing data of Vietnam Airlines from 2005 to 2015, this study showed that fixed assets, labor and TFP are factors that affecting the output elements of Vietnam Airlines as Available of Ton- Kilometers Conversion (ATKC), Performance of Ton-Kilometers Conversion (PTKC), revenue and value added. Among these factors, the contribution of fixed assets is higher than labor, especially in generating revenue and value added. In the period from 2006 to 2010, the growth of Vietnam Airlines was due to the increase in fixed assets, labor and TFP, but in the period from 2011 to 2015, this growth was mainly due to the increase of fixed assets. The results of this study suggest Vietnam Airlines and others airline in Vietnam can increase efficiency growth by investing capital in order to increase fixed assets, increase labor, innovate technology, improve management and improve labor skills.
| Published in |
International Journal of Mechanical Engineering and Applications (Volume 5, Issue 4-1)
This article belongs to the Special Issue Transportation Engineering Technology - Part III |
| DOI | 10.11648/j.ijmea.s.2017050401.14 |
| Page(s) | 20-25 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2017. Published by Science Publishing Group |
Total Factor Productivity, Air Transport, Vietnam Airlines
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APA Style
Nguyen Hai Quang. (2017). The Contribution of Total Factor Productivity in the Air Transport of Vietnam: The Case of Vietnam Airlines. International Journal of Mechanical Engineering and Applications, 5(4-1), 20-25. https://doi.org/10.11648/j.ijmea.s.2017050401.14
ACS Style
Nguyen Hai Quang. The Contribution of Total Factor Productivity in the Air Transport of Vietnam: The Case of Vietnam Airlines. Int. J. Mech. Eng. Appl. 2017, 5(4-1), 20-25. doi: 10.11648/j.ijmea.s.2017050401.14
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Download@article{10.11648/j.ijmea.s.2017050401.14,
author = {Nguyen Hai Quang},
title = {The Contribution of Total Factor Productivity in the Air Transport of Vietnam: The Case of Vietnam Airlines},
journal = {International Journal of Mechanical Engineering and Applications},
volume = {5},
number = {4-1},
pages = {20-25},
doi = {10.11648/j.ijmea.s.2017050401.14},
url = {https://doi.org/10.11648/j.ijmea.s.2017050401.14},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijmea.s.2017050401.14},
abstract = {The aim of this study is to determine the contribution of Total Factor Productivity (TFP) in the air transport of Vietnam over the case of Vietnam Airlines. Based on analyzing data of Vietnam Airlines from 2005 to 2015, this study showed that fixed assets, labor and TFP are factors that affecting the output elements of Vietnam Airlines as Available of Ton- Kilometers Conversion (ATKC), Performance of Ton-Kilometers Conversion (PTKC), revenue and value added. Among these factors, the contribution of fixed assets is higher than labor, especially in generating revenue and value added. In the period from 2006 to 2010, the growth of Vietnam Airlines was due to the increase in fixed assets, labor and TFP, but in the period from 2011 to 2015, this growth was mainly due to the increase of fixed assets. The results of this study suggest Vietnam Airlines and others airline in Vietnam can increase efficiency growth by investing capital in order to increase fixed assets, increase labor, innovate technology, improve management and improve labor skills.},
year = {2017}
}
TY - JOUR T1 - The Contribution of Total Factor Productivity in the Air Transport of Vietnam: The Case of Vietnam Airlines AU - Nguyen Hai Quang Y1 - 2017/01/20 PY - 2017 N1 - https://doi.org/10.11648/j.ijmea.s.2017050401.14 DO - 10.11648/j.ijmea.s.2017050401.14 T2 - International Journal of Mechanical Engineering and Applications JF - International Journal of Mechanical Engineering and Applications JO - International Journal of Mechanical Engineering and Applications SP - 20 EP - 25 PB - Science Publishing Group SN - 2330-0248 UR - https://doi.org/10.11648/j.ijmea.s.2017050401.14 AB - The aim of this study is to determine the contribution of Total Factor Productivity (TFP) in the air transport of Vietnam over the case of Vietnam Airlines. Based on analyzing data of Vietnam Airlines from 2005 to 2015, this study showed that fixed assets, labor and TFP are factors that affecting the output elements of Vietnam Airlines as Available of Ton- Kilometers Conversion (ATKC), Performance of Ton-Kilometers Conversion (PTKC), revenue and value added. Among these factors, the contribution of fixed assets is higher than labor, especially in generating revenue and value added. In the period from 2006 to 2010, the growth of Vietnam Airlines was due to the increase in fixed assets, labor and TFP, but in the period from 2011 to 2015, this growth was mainly due to the increase of fixed assets. The results of this study suggest Vietnam Airlines and others airline in Vietnam can increase efficiency growth by investing capital in order to increase fixed assets, increase labor, innovate technology, improve management and improve labor skills. VL - 5 IS - 4-1 ER -
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